Assume That Production from an Electric Utility Caused Acid Rain

question 155

Multiple Choice

Assume that production from an electric utility caused acid rain and that the government imposed a tax on the utility equal to the cost of the acid rain.This is an example of

• A)a transactions cost.
• B)a Pigovian tax.
• C)a Pigovian subsidy.
• D)the Coase Theorem.

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Definitions:

Immigrant Woman

A female who has moved from one country to another, either by choice or necessity, to seek a new life, work, or refuge.

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The linear distance around the edge of a circle or a circular object.

Intelligence

The capacity for learning, understanding, and applying knowledge, as well as the ability to reason, plan, and solve problems.

Validity

refers to the degree to which a tool, test, or research accurately measures what it is intended to measure.